Fed Likely to Delay Rate Hike Until December
The article discusses developments in the United States' monetary policy, highlighting an unexpectedly slowing employment report, which has led to a decreased likelihood of consecutive interest rate hikes this month. The Federal Reserve is positioned to wait for additional economic data, particularly the Consumer Price Index set to be released ahead of its meeting on October 27-28, to decide on the trajectory of interest rates. The central bank is balancing the risks of high inflation with the potential negative impact on the labor market, keeping its options open.
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